{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/64.2-2732.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/64.2-2732.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/64.2-2732.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/64.2-2732.html"}],"law_id":376155,"edition_id":2,"section_id":376155,"structure_id":53493,"section_number":"64.2-2732","catch_line":"Power to contract; presently exercisable power of appointment","history":"2016, c. 266.","full_text":"A powerholder of a presently exercisable power of appointment may contract:\n\n1\n\nNot to exercise the power; or\n\n2\n\nTo exercise the power if the contract when made does not confer a benefit on an impermissible appointee.\n\n","order_by":null,"text":{"0":{"id":1404490,"text":"A powerholder of a presently exercisable power of appointment may contract:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":1404491,"text":"Not to exercise the power; or","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":1404492,"text":"To exercise the power if the contract when made does not confer a benefit on an impermissible appointee.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1"}},"ancestry":[{"id":53493,"edition_id":2,"name":"Disclaimer or Release; Contract to Appoint or Not to Appoint","identifier":"4","label":"article","depth":4,"order_by":4,"parent_id":53489,"metadata":{"child_laws":8,"child_structures":0},"date_created":"2026-08-02 03:17:13","date_modified":"2026-08-02 12:37:26","permalink":{"id":1503051,"object_type":"structure","relational_id":53493,"identifier":"4","token":"64.2\/V\/27\/4","url":"\/64.2\/V\/27\/4\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53489,"edition_id":2,"name":"Uniform Powers of Appointment Act","identifier":"27","label":"chapter","depth":3,"order_by":6,"parent_id":53483,"metadata":{"child_laws":39,"child_structures":6},"date_created":"2026-08-02 03:17:10","date_modified":"2026-08-02 12:37:25","permalink":{"id":1502947,"object_type":"structure","relational_id":53489,"identifier":"27","token":"64.2\/V\/27","url":"\/64.2\/V\/27\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53483,"edition_id":2,"name":"Provisions Applicable to Probate and Nonprobate Transfers","identifier":"V","label":"subtitle","depth":2,"order_by":5,"parent_id":53424,"metadata":{"child_laws":90,"child_structures":12},"date_created":"2026-08-02 03:17:05","date_modified":"2026-08-02 12:37:24","permalink":{"id":1502731,"object_type":"structure","relational_id":53483,"identifier":"V","token":"64.2\/V","url":"\/64.2\/V\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53424,"edition_id":2,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":136,"parent_id":null,"metadata":{"child_laws":776,"child_structures":114},"date_created":"2026-08-02 03:16:27","date_modified":"2026-08-02 12:37:05","permalink":{"id":1499783,"object_type":"structure","relational_id":53424,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":376150,"structure_id":53493,"section_number":"64.2-2727","catch_line":"Disclaimer","url":"\/64.2-2727\/","token":"64.2\/V\/27\/4\/64.2-2727","metadata":false},{"id":376151,"structure_id":53493,"section_number":"64.2-2728","catch_line":"Authority to release","url":"\/64.2-2728\/","token":"64.2\/V\/27\/4\/64.2-2728","metadata":false},{"id":376152,"structure_id":53493,"section_number":"64.2-2729","catch_line":"Method of release","url":"\/64.2-2729\/","token":"64.2\/V\/27\/4\/64.2-2729","metadata":false},{"id":376153,"structure_id":53493,"section_number":"64.2-2730","catch_line":"Notice of release; recordation; fee","url":"\/64.2-2730\/","token":"64.2\/V\/27\/4\/64.2-2730","metadata":false},{"id":376154,"structure_id":53493,"section_number":"64.2-2731","catch_line":"Revocation or amendment of release","url":"\/64.2-2731\/","token":"64.2\/V\/27\/4\/64.2-2731","metadata":false},{"id":376155,"structure_id":53493,"section_number":"64.2-2732","catch_line":"Power to contract; presently exercisable power of appointment","url":"\/64.2-2732\/","token":"64.2\/V\/27\/4\/64.2-2732","metadata":false},{"id":376156,"structure_id":53493,"section_number":"64.2-2733","catch_line":"Power to contract; power of appointment not presently exercisable","url":"\/64.2-2733\/","token":"64.2\/V\/27\/4\/64.2-2733","metadata":false},{"id":376157,"structure_id":53493,"section_number":"64.2-2734","catch_line":"Remedy for breach of contract to appoint or not to appoint","url":"\/64.2-2734\/","token":"64.2\/V\/27\/4\/64.2-2734","metadata":false}],"previous_section":{"id":376154,"structure_id":53493,"section_number":"64.2-2731","catch_line":"Revocation or amendment of release","url":"\/64.2-2731\/","token":"64.2\/V\/27\/4\/64.2-2731","metadata":false},"next_section":{"id":376156,"structure_id":53493,"section_number":"64.2-2733","catch_line":"Power to contract; power of appointment not presently exercisable","url":"\/64.2-2733\/","token":"64.2\/V\/27\/4\/64.2-2733","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-2732\/","history_text":"<p>This law was first created in 2016. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?161+ful+CHAP0266\">266<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":1503073,"object_type":"law","relational_id":376155,"identifier":"64.2-2732","token":"64.2\/V\/27\/4\/64.2-2732","url":"\/64.2-2732\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/64.2-2732\/","token":"64.2\/V\/27\/4\/64.2-2732","dublin_core":{"Title":"Power to contract; presently exercisable power of appointment","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-2732","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A <span class=\"dictionary\">powerholder<\/span> of a <span class=\"dictionary\">presently exercisable power of appointment<\/span> may <span class=\"dictionary\">contract<\/span>:<\/p><\/section>\n\t\t\t\t\t\t<section id=\"1\"><p><span class=\"prefix-number\">1.<\/span> Not to exercise the power; or <a id=\"paragraph-1404491\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-2732\/#1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"2\"><p><span class=\"prefix-number\">2.<\/span> To exercise the power if the <span class=\"dictionary\">contract<\/span> when made does not confer a benefit on an <span class=\"dictionary\">impermissible appointee<\/span>. <a id=\"paragraph-1404492\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-2732\/#2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPOWER TO CONTRACT; PRESENTLY EXERCISABLE POWER OF APPOINTMENT (\u00a7 64.2-2732)\n\nA powerholder of a presently exercisable power of appointment may contract:\n\n1. Not to exercise the power; or\n\n2. To exercise the power if the contract when made does not confer a benefit on\nan impermissible appointee.\n\nHISTORY: 2016, c. 266.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}